If you have to import all your capital goods from abroad, if you have to pay for patents and other things, you essentially end up in a dependent relationship. And because of this dependent relationship, money keeps on flowing to tho who not just own capital. So yes, of course, there are dominant groups in the centre, in north america and in western europe who are profiting from underdeveloped countries. But it even goes to labor. For them, even the workers in the lobal north, would be part of some kind of a reinteer class. This feudal like rinteror dynamic was already built into the capitalist, global capitalist system, and it was a normal thing
Featuring Evgeny Morozov on his essay "Critique of Techno-Feudal Reason." Thinkers from the Marxist left all the way to the neoliberal and even neo-reactionary right are convinced that we’ve exited capitalism entirely and entered neo-feudalism. Morozov argues that our bleak moment is in fact still a thoroughly capitalist one.
Evgeny's essay: newleftreview.org/issues/ii133/articles/evgeny-morozov-critique-of-techno-feudal-reason
Evgeny's website: evgenymorozov.com
The Syllabus: the-syllabus.com
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